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Melvin Douglas And Victoria Kay Ivester Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 2012. The principal officer is % M Douglas Ivester. It holds total assets of $78.6M. Annual income is reported at $37.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Melvin Douglas And Victoria Kay Ivester Foundation Inc. has made 21 grants totaling $4.9M, with a median grant of $150K. Annual giving has grown from $1.4M in 2020 to $2.1M in 2022. Individual grants have ranged from $6K to $706K, with an average award of $233K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Georgia. Contributions to this foundation are tax-deductible.
Melvin Douglas And Victoria Kay Ivester Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in GA.
Melvin Douglas And Victoria Kay Ivester Foundation Inc. has distributed a total of $4.9M across 21 grants. The median grant size is $150K, with an average of $233K. Individual grants have ranged from $6K to $706K.
Melvin Douglas And Victoria Kay Ivester Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Melvin Douglas And Victoria Kay Ivester Foundation Inc. is headquartered in ATLANTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lynn J Darby | Director, President | $107K | $0 | $107K |
| Swinton A Griffith Iii | Director,CFO,Treasurer,Secretary, | $106K | $0 | $106K |
| M Douglas Ivester | Director | $106K | $0 | $106K |
| Brian K Rochester | Director | $10K | $0 | $10K |
| Oliver C Murray | Director | $10K | $0 | $10K |
Total Giving
$3M
Total Assets
$64.5M
Fair Market Value
$77.7M
Net Worth
$64.5M
Grants Paid
$2.4M
Contributions
$10.5M
Net Investment Income
$5.8M
Distribution Amount
$3.1M
Total: $62.9M
Total Grants
21
Total Giving
$4.9M
Average Grant
$233K
Median Grant
$150K
Unique Recipients
7
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hall County School DistrictHoward E. IvesterEarly College | Gainesville, GA | $706K | 2022 |
| Atlanta Botanical GardenVineyard andOrchard Parking | Atlanta, GA | $650K | 2022 |
| Brenau UniversityStrengthen University'sHealth Sciences programs | Gainesville, GA | $550K | 2022 |
| University Of Georgia FoundationUniversity of Georgia Scholarship | Athens, GA | $76K | 2022 |
| Gainesville City School SystemGainesville CitySchool System TeacherOf Year Program | Gainesville, GA | $20K |
| Martha Maron Weber | VP and Asst. Secretary | $0 | $0 | $0 |
| 2022 |
| Hall County Library SystemCapital Campaignfor GainesvilleLibrary Renovation | Gainesville, GA | $25K | 2020 |
| Northeast Ga History CenterCarry on Charitable Organization Activities | Gainesville, GA | $6K | 2020 |
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